Kingsoft Cloud Holdings (KCLHF) Debt Ratio (2019 - 2025)

Kingsoft Cloud Holdings (KCLHF) reported Debt Ratio of 0.24 for Q4 2025, up 7.91% on a YoY basis from 0.22 in Q4 2024, and up 7.91% quarter-over-quarter from 0.22 in Q4 2024.

Kingsoft Cloud Holdings (KCLHF) Debt Ratio (2019 - 2025) Analysis & Trends

Kingsoft Cloud Holdings has reported Debt Ratio for 7 years, with the latest figure at 0.24 in Q4 2025.

  • For the quarter ending Q4 2025, Debt Ratio rose 7.91% year-over-year to 0.24; the trailing twelve-month figure through Dec 2025 stood at 0.24 (up 7.91% YoY), and the FY2025 full-year result was 0.24, up 4.7% from the prior year.
  • Debt Ratio for Q4 2025 stood at 0.24, up from 0.22 in the prior quarter.
  • The five-year high for Debt Ratio was 11943.13 in Q2 2024, with the low at 0.01 in Q2 2021.
  • Historically, Debt Ratio has averaged 1327.09 across 5 years, with a median of 0.08 in 2023.
  • Annual changes were most pronounced in 2021 — Debt Ratio slumped 75.78% — and 2024, when it soared 174.93%.
  • Kingsoft Cloud Holdings' Debt Ratio stood at 0.1 in 2021, then slumped by 45.88% to 0.05 in 2022, then surged by 52.98% to 0.08 in 2023, then jumped by 174.93% to 0.22 in 2024, then climbed by 7.91% to 0.24 in 2025.
  • The last three Debt Ratio figures came in at 0.24 (Q4 2025), 0.22 (Q4 2024), and 11943.13 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn 0.08
2 Full Truck Alliance 171.61 Bn 169.06 Bn - 0.00
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 0.37
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 0.18
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn -
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn -
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 0.24
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 0.03
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn 0.06
10 Kingsoft Cloud Holdings - - 66.54 Mn 0.24

Historic Data

Download Data
DateValue
Dec 31, 2025 0.24
Dec 31, 2024 0.22
Jun 30, 2024 11,943.13
Mar 31, 2024 0.01
Dec 31, 2023 0.08
Dec 31, 2022 0.05
Dec 31, 2021 0.10
Jun 30, 2021 0.01
Mar 31, 2021 0.01
Dec 31, 2020 0.05
Sep 30, 2020 0.01
Jun 30, 2020 0.01
Mar 31, 2020 0.03
Dec 31, 2019 0.13